The Global Smaller Companies Trust (GSCT) To Go Ex-Dividend on July 11th

The Global Smaller Companies Trust (LON:GSCT) declared a dividend on Wednesday, June 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 11th will be paid a dividend of GBX 2.13 ($0.03) per share on Tuesday, August 20th. This represents a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, July 11th. This is an increase from The Global Smaller Companies Trust’s previous dividend of $0.68. The official announcement can be viewed at this link.

The Global Smaller Companies Trust Price Performance

Shares of The Global Smaller Companies Trust stock opened at GBX 161 ($2.04) on Friday. The business has a 50 day simple moving average of GBX 163.11 and a two-hundred day simple moving average of GBX 154.14. The Global Smaller Companies Trust has a 12 month low of GBX 128.20 ($1.63) and a 12 month high of GBX 168.15 ($2.13). The stock has a market capitalization of £811.30 million, a P/E ratio of -2,673.33 and a beta of 1.01. The company has a debt-to-equity ratio of 6.69, a current ratio of 0.96 and a quick ratio of 0.64.

Insider Activity

In related news, insider Randeep Singh Grewal purchased 6,213 shares of the company’s stock in a transaction dated Monday, April 29th. The stock was acquired at an average cost of GBX 161 ($2.04) per share, for a total transaction of £10,002.93 ($12,689.24). In other The Global Smaller Companies Trust news, insider Graham Oldroyd acquired 12,383 shares of the stock in a transaction that occurred on Friday, April 26th. The stock was bought at an average cost of GBX 161 ($2.04) per share, for a total transaction of £19,936.63 ($25,290.66). Also, insider Randeep Singh Grewal acquired 6,213 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was acquired at an average price of GBX 161 ($2.04) per share, with a total value of £10,002.93 ($12,689.24). Company insiders own 4.50% of the company’s stock.

The Global Smaller Companies Trust Company Profile

BMO Global Smaller Companies PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of small cap companies.